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                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">A soft spot for Cardano&nbsp;</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Moving towards decentralization&nbsp;</a></li></ul>
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Weiss Crypto Ratings, a crypto division of the eponymous financial ratings company, recently put <a rel="nofollow" target="_blank" href="#">Cardano (ADA)</a> in the spotlight by naming it one of the most "deeply undervalued" digital assets. It states that the price of ADA doesn't reflect the project's project's fundamentals, but the agency failed to elaborate on the rationale behind the bullish call.&nbsp;

<blockquote class="twitter-tweet">
"Cardano is easily one of the most deeply undervalued <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> assets on the market. Its price doesn't reflect its fundamentals. <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrency</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw">#ADA</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#altcoins</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a>
— Weiss Crypto Ratings (@WeissCrypto) <a rel="nofollow" target="_blank" href="https://twitter.com/WeissCrypto/status/1207328448651419648?ref_src=twsrc%5Etfw">December 18, 2019</a></blockquote>

<a rel="nofollow" target="_blank" href="#">card</a>

A soft spot for Cardano&nbsp;

Back in November, Weiss&nbsp;concluded that Cardano was <a href="https://u.today/cardano-ada-is-vastly-superior-to-eos-weiss-crypto-ratings">"vastly superior"</a> to EOS. The latter fell out of the agency's good graces due to its centralized governance model.&nbsp;

Weiss also praised Cardano for thoroughly researching and testing new features before they get rolled out.&nbsp;


<blockquote class="twitter-tweet">
4/4 Research is king in <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a>, and very few are doing it. <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrency</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw">#ADA</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/EOS?src=hash&amp;ref_src=twsrc%5Etfw">#EOS</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24EOS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$EOS</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a>
— Weiss Crypto Ratings (@WeissCrypto) <a rel="nofollow" target="_blank" href="https://twitter.com/WeissCrypto/status/1196785676345380864?ref_src=twsrc%5Etfw">November 19, 2019</a></blockquote>

ADA received a B+ for technology and adoption while its risk-reward mark is only E+. According to Weiss, the project's technology is excellent but its price performance is very weak.&nbsp;&nbsp;
<em>image by&nbsp;<a rel="nofollow" target="_blank" href="https://weisscrypto.com/en/crypto/ada/summary">weisscrypto.com</a></em>
<a href="https://u.today/cardanos-charles-hoskinson-would-turn-down-justin-suns-invitation-to-have-lunch-with-warren-buffett">card</a>

Moving towards decentralization&nbsp;

After numerous tedious delays, Cardano is finally moving forward with the Shelley era to implement its vision of a decentralized public blockchain. &nbsp;&nbsp;

As <a href="https://u.today/cardano-debuts-daedalus-rewards-wallet-for-staking-ada">reported by U.Today</a>, Cardano recently released the&nbsp;Daedalus Rewards wallet for staking ADA tokens after its <a href="https://u.today/cardano-debuts-daedalus-rewards-wallet-for-staking-ada">incentivized testnet</a>&nbsp;went live three days&nbsp;earlier.&nbsp;

Cardano-focused research and development company IOHK revealed that they had&nbsp;managed to onboard 120 staking pools <a rel="nofollow" target="_blank" href="https://twitter.com/InputOutputHK/status/1205912867951783936?s=20">on the first day</a>.&nbsp;
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                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">A soft spot for Cardano&nbsp;</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Moving towards decentralization&nbsp;</a></li></ul>
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Weiss Crypto Ratings, a crypto division of the eponymous financial ratings company, recently put <a rel="nofollow" target="_blank" href="#">Cardano (ADA)</a> in the spotlight by naming it one of the most "deeply undervalued" digital assets. It states that the price of ADA doesn't reflect the project's project's fundamentals, but the agency failed to elaborate on the rationale behind the bullish call.&nbsp;

<blockquote class="twitter-tweet">
"Cardano is easily one of the most deeply undervalued <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> assets on the market. Its price doesn't reflect its fundamentals. <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrency</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw">#ADA</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#altcoins</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a>
— Weiss Crypto Ratings (@WeissCrypto) <a rel="nofollow" target="_blank" href="https://twitter.com/WeissCrypto/status/1207328448651419648?ref_src=twsrc%5Etfw">December 18, 2019</a></blockquote>

<a rel="nofollow" target="_blank" href="#">card</a>

A soft spot for Cardano&nbsp;

Back in November, Weiss&nbsp;concluded that Cardano was <a href="https://u.today/cardano-ada-is-vastly-superior-to-eos-weiss-crypto-ratings">"vastly superior"</a> to EOS. The latter fell out of the agency's good graces due to its centralized governance model.&nbsp;

Weiss also praised Cardano for thoroughly researching and testing new features before they get rolled out.&nbsp;


<blockquote class="twitter-tweet">
4/4 Research is king in <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a>, and very few are doing it. <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrency</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw">#ADA</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/EOS?src=hash&amp;ref_src=twsrc%5Etfw">#EOS</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24EOS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$EOS</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a>
— Weiss Crypto Ratings (@WeissCrypto) <a rel="nofollow" target="_blank" href="https://twitter.com/WeissCrypto/status/1196785676345380864?ref_src=twsrc%5Etfw">November 19, 2019</a></blockquote>

ADA received a B+ for technology and adoption while its risk-reward mark is only E+. According to Weiss, the project's technology is excellent but its price performance is very weak.&nbsp;&nbsp;
<em>image by&nbsp;<a rel="nofollow" target="_blank" href="https://weisscrypto.com/en/crypto/ada/summary">weisscrypto.com</a></em>
<a href="https://u.today/cardanos-charles-hoskinson-would-turn-down-justin-suns-invitation-to-have-lunch-with-warren-buffett">card</a>

Moving towards decentralization&nbsp;

After numerous tedious delays, Cardano is finally moving forward with the Shelley era to implement its vision of a decentralized public blockchain. &nbsp;&nbsp;

As <a href="https://u.today/cardano-debuts-daedalus-rewards-wallet-for-staking-ada">reported by U.Today</a>, Cardano recently released the&nbsp;Daedalus Rewards wallet for staking ADA tokens after its <a href="https://u.today/cardano-debuts-daedalus-rewards-wallet-for-staking-ada">incentivized testnet</a>&nbsp;went live three days&nbsp;earlier.&nbsp;

Cardano-focused research and development company IOHK revealed that they had&nbsp;managed to onboard 120 staking pools <a rel="nofollow" target="_blank" href="https://twitter.com/InputOutputHK/status/1205912867951783936?s=20">on the first day</a>.&nbsp;
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Cardano (ADA) Named One of the Most Undervalued Cryptocurrencies by Weiss Crypto Ratings

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article image
Alex Dovbnya
Cardano could be the real dark horse in the cryptocurrency industry, according to Weiss Crypto Ratings
Wed, 12/18/2019 - 17:50
Cardano (ADA) Named One of the Most Undervalued Cryptocurrencies by Weiss Crypto Ratings
Cover image via U.Today
Read U.TODAY on
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Contents
Advertisement

Weiss Crypto Ratings, a crypto division of the eponymous financial ratings company, recently put Cardano (ADA) in the spotlight by naming it one of the most "deeply undervalued" digital assets. It states that the price of ADA doesn't reflect the project's project's fundamentals, but the agency failed to elaborate on the rationale behind the bullish call. 

card

A soft spot for Cardano 

Back in November, Weiss concluded that Cardano was "vastly superior" to EOS. The latter fell out of the agency's good graces due to its centralized governance model. 

Weiss also praised Cardano for thoroughly researching and testing new features before they get rolled out. 

ADA received a B+ for technology and adoption while its risk-reward mark is only E+. According to Weiss, the project's technology is excellent but its price performance is very weak.  

Cardano
image by weisscrypto.com

Moving towards decentralization 

After numerous tedious delays, Cardano is finally moving forward with the Shelley era to implement its vision of a decentralized public blockchain.   

As reported by U.Today, Cardano recently released the Daedalus Rewards wallet for staking ADA tokens after its incentivized testnet went live three days earlier. 

Cardano-focused research and development company IOHK revealed that they had managed to onboard 120 staking pools on the first day. 

#Cardano News #Cardano Price Prediction
About the author
article image
Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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